Post Utme Unilorin 2025 Economics Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2025 Economics Objective / Multiple Choice
Question 12 POST_UTME_UNILORIN • 2025 • ECONOMICS • objective

A consumer has a budget of ₦1,000 and faces the following prices: good A = ₦200, good B = ₦300, and good C = ₦400. U\sing the budget constraint, find the consumer's optimal bundle of goods A and B.

Answer Options

A. The consumer will choose 2 units of good A and 1 unit of good B.
Correct Answer B. The consumer will choose 1 unit of good A and 2 units of good B.
C. The consumer will choose 3 units of good A and 0 units of good B.
D. The consumer will choose 0 units of good A and 3 units of good B.
Correct Answer
B
Correct Option:
The consumer will choose 1 unit of good A and 2 units of good B.

About This Question

This is Post Utme Unilorin 2025 Economics Question 12. It is one of the objective questions from the 2025 Post Utme Unilorin Economics examination.

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